
Cost Management: A Strategic Emphasis 7th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
Edition 7ISBN: 978-0077733773
Cost Management: A Strategic Emphasis 7th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
Edition 7ISBN: 978-0077733773 Exercise 23
High-Value-Added and Low-Value-Added Activities The Lindex General Hospital has determined the activities of a nurse, including the following:
a. Report for duty and review patient charts
b. Visit each patient and take her/his temperature
c. Update patients' records
d. Coordinate lab and radiology works
e. Wait for the attending physician to arrive
f. Accompany attending physician
g. Explain treatments to patients
h. Call kitchen to have the wrong meal tray replaced
i. Perform CPR
Required Classify each item as a high-value-added or a low-value-added activity.
a. Report for duty and review patient charts
b. Visit each patient and take her/his temperature
c. Update patients' records
d. Coordinate lab and radiology works
e. Wait for the attending physician to arrive
f. Accompany attending physician
g. Explain treatments to patients
h. Call kitchen to have the wrong meal tray replaced
i. Perform CPR
Required Classify each item as a high-value-added or a low-value-added activity.
Explanation
Value Added Analysis:
Value added analy...
Cost Management: A Strategic Emphasis 7th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
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